As humans, our time is as valuable as money. That’s why the metaphor “time is money” is as true as steel.
That being said, it is a thrilling experience when your time is fetching you tons of money, particularly if you are rendering your services to a business.
However, the same can’t be said when you are the one paying for someone else’s time – especially if you are a start up or want to grow your business.
This is because not everyone who desires to start or grow a business has the absolute financial capacity to launch. While some may have the funds to establish a business from start to finish, others may not be in that same box. This in turn may cause the business to lag behind, and fail to launch on projected date. As the various economies worldwide prepare to enter or are already in recession, the time to go back to community is now.
If you fall in the category of the latter who wants to launch or start a business, this article is the good news you’ve been waiting for. Remember we established that “time is money” from the first paragraph of this article. The interesting part you are yet to figure is, time is also a currency you can use to grow your business on Swaptime. Now, before you ask how you can use your time to grow your business, first, we’ll explain what Swaptime is. Shall we?
So what is Swaptime?
Swaptime is a service exchange community for Creatives, Entrepreneurs, Startups, and Small Business Owners where anyone can exchange skills they have for skills they need.
How Swaptime Works
Here is how Swaptime works and connects you to the skill services you need:
You head on to Swaptime, upload the skills you have and the skill services you need to be rendered to you or your business.
Swaptime will then match and connect you to the service you need, as your profile will be shared with other people who are interested in the skill you offer, and vice versa.
You will have the option to review the profiles that show interest in swapping skills with you. So when you accept the offer, you can proceed to swap skills with the profile you chose.
For instance, if you are a UI/UX designer that needs a technical writer for content, You will get a list of technical writers that are looking to swap skills with UI/UX designers and you can pick based on profiles of people that interest you most. Or say you’re an influencer looking for fashionable clothes to grow your personal brand, and there’s a fashion designer out there looking for an influencer to create content for the brand; the app connects you both and you swap your skills for his or hers instead of paying with money.
How to Grow your business with Skill exchange
The good thing about growing your business with skill exchange or swaptime is that it eliminates the process of having to incur additional costs that could be useful to other areas of your business. Additionally, you get to use your time and skill as a currency to grow your business.
Asides that, growing a business and transforming it into a successful enterprise requires more than passion. It also demands workin both hard & smart, perseverance, and expertise in your field. As an ingredient for success, you need to be proficient in a set of fundamental skills that businesses require to thrive.
Equally,it is also important to know from the onset what skills you have, what skills you need to learn, and most importantly, the skills you need to delegate to others.
There are some important skills you will need to grow your business, but if that skill is the one you lack, you can decide to learn these skills over a period of time yourself, or you can exchange that time with your skill for an expert in such specific areas of skill that you need.
That way, you don’t have to go overboard with finances that could help in growing other areas of your business and you can connect with a community of builders with similar values.
On a final note, one of the most important hacks in propelling your business is Delegation. Knowing what and when to delegate is very crucial to the success of a business.
Of course, it can be a challenging decision to make when it comes to delegating duties or skills you don’t have to others who are good at it. This is especially true for most first timers starting a business.
Remember that growth is important, and you can put that time into focusing on the big picture instead of spending countless hours trying to learn that skill so you can do the job yourself.
You are not doing your business a favor by denying it the right expertise and growth it needs. So, don’t be afraid to delegate the parts you are not an expert on.
Register today on Swaptime to grow with us!